Question 1 On September 1, 2017, Bridgeport Corporation acquired Tunneling Limited for a cash payment of $943,400. At the time of purchase, Tunneling's statement of financial position showed assets of $787,200, liabilities of $455,300, and owners' equity of $331,900. The fair value of Tunneling's assets is estimated to be $1,165,400. Assume that Bridgeport Corporation is a private entity. The unit's carrying amount (including goodwill) is $3,578,900 and its fair value is $3,472,600 Determine the amount of impairment loss, if any, under ASPE. Amount of impairment loss